May 2008
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Postive chances for Miami Real Estate Market
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5/2/08
Tuesday, May 20, 2008
The report is out and the Florida Realtors said that positive signs in their local housing markets during first quarter 2008,noting a slower rate of expansion for inventory levels and an increase in pending home sales (based on contracts signed but not closed) in some areas. Which is a healthy sign if you are an optimistic like me who is waiting to have a good turn for Miami’s real estate status in the market, It has been said too often that the market is suffering but if you really look close on the numbers and make you own assessment on it you’ll know where your market stands.
Which brings me to the sales of existing condominiums improved from fourth quarter 2007 to first quarter 2008 and that is according to the latest housing statistics from the Florida Association of Realtors. A total of 8,581 existing condos sold statewide in 1Q 2008, an 8.3 percent increase over 4Q 2007 when 7,923 units sold. Well I don’t know about you but seems to be a solid number considering the market’s state right now. The blame game is really being played now and I think it’s not at all healthy to do so, but we have no control to other people’s opinion or thoughts.
Jron Magcale
http://groups.google.com/group/miami-real-estate-agents
zibakan at 8:13:00 AM EDT Blog about this entry
Postive chances for Miami Real Estate Market
Happy | rap
The report is out and the Florida Realtors said that positive signs in their local housing markets during first quarter 2008,noting a slower rate of expansion for inventory levels and an increase in pending home sales (based on contracts signed but not closed) in some areas. Which is a healthy sign if you are an optimistic like me who is waiting to have a good turn for Miami’s real estate status in the market, It has been said too often that the market is suffering but if you really look close on the numbers and make you own assessment on it you’ll know where your market stands.
Which brings me to the sales of existing condominiums improved from fourth quarter 2007 to first quarter 2008 and that is according to the latest housing statistics from the Florida Association of Realtors. A total of 8,581 existing condos sold statewide in 1Q 2008, an 8.3 percent increase over 4Q 2007 when 7,923 units sold. Well I don’t know about you but seems to be a solid number considering the market’s state right now. The blame game is really being played now and I think it’s not at all healthy to do so, but we have no control to other people’s opinion or thoughts.
Jron Magcale
http://groups.google.com/group/miami-real-estate-agents
zibakan at 8:13:00 AM EDT Blog about this entry